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HomeMy WebLinkAbout03-11-15 (2) pennsylvania 1505614105 oFvm.Im WKVMX EX(03-14)(FI) REV-1500 OFFICIAL USE ONLY BreCounty Code Year File Number Bureau of Taxes uBOX 2$0601 INHERITANCE TAX RETURN ~F` Harrisburg, PA 17128-0501 RESIDENT DECEDENT l 4 05 oLfgq _ ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death MMDDYYYY Date of Birth MMDDYYYY i .04272005 ; 101031926 ' __.-_._.__...__...._. t i Decedent's Last Name Suffix Decedent's First Name MI Cupp i 'Vera (if Applicable)Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name MI !Cupp 'Allen I I THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW C:) 1.Original Return C@D 2.Supplemental Return O 3. Reom Inde 1to 3etur(date of death 82) C=) 4.Agriculture Exemption(date of CZ) 5.Future Interest Compromise(date of C=> 6. Federal Estate Tax Return Required death on or after 7-1-2012) death after 12-12-82) C= 7.Decedent Died Testate p 8.Decedent Maintained a Living Trust 9. Total Number of Safe Deposit Boxes (Attach copy of will.) (Attach copy of trust.) O 10.Litigation Proceeds Received p 11.Non-Probate Transferee Return C=) 12. Deferral/Election of Spousal Trusts (Schedule F and G Assets Only) C=D 13.Business Assets O 14.Spouse is Sole Beneficiary (No trust involved) CORRESPONDENT-THIS SECTION MUST BE COMPLETED.ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: Name Daytime Telephone Number lBridget M Whitley Esq 1(717)233-1000 First Line'ofAddress_ ,SkariatasZonarich LLC Second Line of Address 17 S 2nd St.FL 6 } City or Post Office State ZIP Code 1Harrisburg I PA I 17101 Correspondent's email address: bmw@SkarlatoSzonarich.Com -a REGISTER OF WILLS USE ONLY C==� ^7 17T I + c� i;1 E REGISTER OF WILLS USE GNtY .C> c a S;x%AAT f— IffQ�JIMD't?YYYY MD: :.ua.,.:<cc 4.:c'.�:1(7iL':.{N.r.+_.s^.MF.2:ay:...'.'«ec:.:�.'snc�'v)iFt.:•:.1,� •'— .�,�. i .r DATE FILED STAMP 7 PLEASE USE ORIGINAL FORM ONLY Ca Side 1 !11!11!!Illi VIII 111 0lll I I�111111 VIII VIII 1111 IIII 15 0 5 61410 5 s - 1505614205 REV-1500 EX(FI) Decedent's Social Security Number I Decedent's Name: j RECAPITULATION 1. Real Estate(Schedule A). ...................... I i 2. Stocks and Bonds(Schedule B) ................ ....................... 2. 3. Closely Held Corporation,Partnership or Sole-Proprietorship(Schedule C) ..... 3. 4. Mortgages and Notes Receivable(Schedule D)..............:............ 4. 5, Cash, Bank Deposits and Miscellaneous Personal Property(Schedule E)....... 5. 6. Jointly Owned Property(Schedule F) O Separate Billing Requested ....... 6. , 107,075.00 7. Inter-Vivos Transfers&Miscellaneous Non-Probate Property i (Schedule G) C=:) Separate Billing Requested..... ... 7. 1 8. Total Gross Assets(total Lines 1 through.7)............................. 8. ~T^� 107,075.00 i 9. Funeral Expenses and Administrative Costs(Schedule H)................... 9. I 1,000.00 I a 10. Debts of Decedent,Mortgage Liabilities and Liens(Schedule 1)............... 10. 11. Total Deductions(total Lines 9 and 10)................................. 11, 1,000.00 12. Net Value of Estate(Line 8 minus Line 11) .............................. 12. 106,075.00 F 13. Charitable and Governmental Bequests/Sec.9113 Trusts for which an election to tax has not been made(Schedule J) ........................ 13. i 14, Net Value Subject to Tax(Line 12 minus Line 13) ...................... .. 14. 106,075.00 TAX CALCULATION-SEE INSTRUCTIONS FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax rate,or transfers under Sec.9116 - (a)(1.2)X.0_ 15. 16. Amount of Line 14 taxable at lineal rate X.045 106,075.00 i 16. 4,773.00 17. Amount of Line 14 taxable i '' _w __ -.M .'_"--•.'_ '- _."_ at sibling rate X.12 ; 17. i 18. Amount of Line 14 taxable �� 1 at collateral rate X.15 i 19. TAX DUE ......................................................... 19.i 4,773.00 20. FILL IN THE OVAL IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT O Under penalties of perjury,I declare I have examined this return,including accompanying schedules and statements,and to the best of my knowledge and belief, it is true,correct and complete.Declaration of preparer other than the person responsible for filing the return is based on all information of which preparer has any knowl2oge. SIGNA20RE OF PERSO S LE FOR FILING RETURN DATE ESS 490 Brentwater Road, Camp Hill, PA 17011 SIGNA RE OF PREPARER OTHER THAN PERSON RESPONSIBLE FOR FILING THE RETURN !DAT� All• b�'!u:ez X21 10 J 5 ADDRESS 17 S 2nd St FL 6 Harrisburg PA 17101 X1111111111111111111 P11[i Side 2 1 5 4 0 1505614205 ,a. REV-1500 EX (FI) Page 3 File Number Decedent's Complete Address: DECEDENT'S NAME Vera H Cupp STREET ADDRESS 490 Brentwater Road CITY STATE ZIP Camp Hill PA 17011 Tax Payments and Credits: 1. Tax Due(Page 2,Line 19) (1) 4,773.00 2. Credits/Payments A.Prior Payments B.Discount (See instructions.) Total Credits(A+B) (2) 3. Interest 4, If line 2 is greater than Line 1 +Line 3,enter the difference. This is the OVERPAYMENT. Fill in oval on Page 2,Line 20 to request a refund.� (4) 5. If Line 1 +line 3 is greater than Line 2,enter the difference.This is the TAX DUE. (5) Q (G,4s'$'" ??56,819.00 Make check payable to: REGISTER OF WILLS, AGENT. . e.....,..�. e...._.. A.-.. v.. _.. ....,:.:.-.,3.... .........v:.......:...: - iii?�::.3.::'." _ PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred.......................................................................................... ❑ b. retain the right to designate who shall use the property transferred or its income ............................................ ❑ c. retain a reversionary interest .............................................................................................................................. ❑ d, receive the promise for life of either payments,benefits or care?...................................................................... ❑ 2. If death occurred after Dec.12,1982,did decedent transfer property within one year of death without receiving adequate consideration?.............................................................................................................. ❑ N 3.. Did decedent own an"in trust for"or payable-upon-death bank account or security at his or her death?.............. ❑ N 4. Did decedent own an individual retirement account,annuity or other non-probate property,which contains a beneficiary designation? ........................................................................................................................ ❑ IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES,YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. .i F. , ..,,.\.SLx...r�,.... ... �„ .I.....♦ .,.... ,... .,-. :,:. :...r r.... .':..:tee ::I... ::t�).:. For dates of death on or after July 1,1994,and before Jan, 1,1995,the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3 percent[72 RS,§9116(a)(1.1)(i)]. For dates of death on or after Jan. 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0 percent [72 P,S.§9116(a)(1.1)(ii)],The statute does not exempt a transfer to a surviving spouse from tax,and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1,2000: • The tax rate imposed on the net value of transfers from a deceased child 21 years of age or younger at death to or for the use of a natural parent, an adoptive parent or a step-parent of the child is 0 percent[72 P.S.§9116(a)(1.2)]. • The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is 4.5 percent,except as noted in[72 P.S.§9116(a)(1)]. • The tax rate imposed on the net value of transfers to or for the use ofthe decedent's siblings is 12 percent 172 P,S.§9116(a)(1.3)].A sibling is defined, under Section 9102,as an individual who has at least one parent in common with the decedent,whether by blood or adoption. REV-1509 EX+(6-98) SCHEDULE COMMONWEALTH OF PENNSYLVANIA INHERFFA WE TA X RETURN JOINTLY-OWNED PROPERTY RESIDENT DECEDENT ESTATE OF FILE NUMBER Vera H. Cupp 21 050444 If an asset was made joint within one year of the decedent's date of death,it must be reported on Schedule G SURVIVING JOINT TENANT(S)NAME ADDRESS RELATIONSHIP TO DECEDENT A Wood, Bonnie 490 Brentwater Road, Camp Hill, PA 17011 Daughter JOINTLY-OWNED PROPERTY: LETTER DATE DESCRIPTION OF PROPERTY %OF DATE OF DEATH ITEM FOR JOINT MADE INCLUDE NAME OF FINANC IAL INSTITUTION AND RANK ACCOUNT DATE OF DEATH DECDS VALUEOF NUMBER OR SIMILAR IDENTIFYING NUMBER,ATTAC H DEED FOR NUMBER TENANT JOINT JOINTLY-HEW REAL ESTATE. VALUE OF ASSET INTEREST DECEDENTS INTEREST 1 A 1/20/2001 490 Brentwater Road, Camp Hill 214,150 50.0000 107,075 TOTAL(Also enter on line 6-Recapitulation) $ 107,075 (If more space is needed,insert additional sheets of the same size) 3W46AE 1.000 Estate of: Vera H. Cupp 196-14-8886 Schedule F Part 2 (Page 2) Item Joint DOD Value of Pere DOD Value of No. Cot. Date Description Asset Int. Interest This real estate was reported on Schedule A of the original return as an undivided 50% interest. No tax was paid, as the decedent's husband, 'Allen Cupp, was the sole heir under her Will. Upon reviewing the deed, it was determined that this property was owned as joint tenants with right of sury. or hip with .Bonn bo , decedent's daughter. This return is being filed in order to pay the inheritance tax due on the decedent's share of the property. The property has been valued at its assessed value (the applicable CLR is 1.0) . Total (Carry forward to main schedule) 0 REV-1511 FX+(12-99) SCHEDULE H COMMONWEALTH OF PENNSYLVANIA FUNERAL EXPENSES& INHERITANCE TAX RETURN ADMINISTRATIVE COSTS RESIDENT DECEDENT ESTATE OF FILE NUMBER Vera H...-Qupp 21 g; 0444 ,AAA Debts of decedent must be reported on Schedule 1. ITEM AMOUNT NUMBER DESCRIPTION A. FUNERAL EXPENSES: 1. None B. ADMINISTRATIVE COSTS: 1 Personal Representative's Commissions Name of Personal Representative(s) Social Security Number(s)/EIN Number of Personal Representative(s) Street Address City State Zip Year(s)Commission Paid: 2. Attorney Fees 1,000 3. Family Exemption:(if decedent's address is not the same as claimant's,attach explanation) Claimant Street Address City State Zip Relationship of Claimant to Decedent 4. Probate Fees 5. Accountants Fees 6. Tax Retum Preparer's Fees 7. None TOTAL(Also enter on line 9,Recapitulation) $ 1,000 3W46AG 1.000 (if more space is needed,insert additional sheets of the same size) REV-1513 EX+(9-00) SCHEDULE J COMMONWEALTH OF PENNSYLVANIA BENEFICIARIES INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER Vera H. Cuvo 21 05 0444 RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S)RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE TAXABLE DISTRIBUTIONS[Include outright spousal distributions,and transfers under Sec.9116(a)(1.2)) 1 Bonnie Wood 490 Brentwater Road Camp Hill, PA 17011 One-half interest in residence shown on Schedule F less $1,000 in attorney fees paid by beneficiary and deductible under 72 P.S. See. 9126 Daughter 106,075 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 THROUGH 18,AS APPROPRIATE,ON REV-1500 COVER SHEET NON-TAXABLE DISTRIBUTIONS: A.SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAX IS NOT BEING MADE B.CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART 11-ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET $ 0 3W46A1 1.000 (If more space is needed,insert additional sheets of the same size)